MARKET INTRODUCTION

Food allergy is an abnormal reaction of the immune system induced by the intake of certain foods. Even tiny traces of food allergens can trigger an immune response and cause mild to severe symptoms as well as life-threatening reactions such as anaphylaxis. Some of the symptoms developed after consuming food allergens include abdominal pain, diarrhea, vomiting, dizziness, swelling of face and other body parts, itching, and tingling. Most food allergies are triggered by foods such as eggs, tree nuts, peanuts, soy, wheat, fish, shellfish, and milk.

MARKET DYNAMICS

According to the WHO, the prevalence of food allergies among the general populace is approximately 1-3% in adults and around 4-6% in children. The rising incidence rate and reported cases of food allergies and advancements made in the diagnosis of food allergies are anticipated to drive the demand for food allergies market in the forecast period. The rising health care expenditures, growing prevalence of asthma, the rise in the pediatric population, and stringent regulations on food safety are likely to contribute towards the growth of the food allergy market. Rising awareness about food allergens and growing incidences of food allergies is anticipated to boost the demand for immunotherapy and the use of some medications such as steroids and anti-histamines. Availability of various treatments and medications and growing awareness about allergic reactions is projected to create significant business opportunities in the developing countries of Asia Pacific.

MARKET SCOPE

The "Global Food Allergy Market Analysis to 2027" is a specialized and in-depth study of the Food and Beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the food allergy market with detailed market segmentation by type and geography. The global food allergy market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading food allergy market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global food allergy market is segmented on the basis of type. On the basis of type, the food allergy market is segmented into, diabetic food, gluten-free food, lactose-free food, and other special milk formula.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global food allergy market based on various segments. It also provides market size and forecast estimates from the year 2018 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The food allergy market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the food allergy market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the food allergy market in these regions.

MARKET PLAYERS

The reports cover key developments in the food allergy market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from food allergy market are anticipated to lucrative growth opportunities in the future with the rising demand for food allergy in the global market. Below mentioned is the list of few companies engaged in the food allergy market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the food allergy market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- ABBOTT LABORATORIES
- BOULDER BRANDS, INC. (PINNACLE FOODS, INC.)
- DANONE SA
- DR. SCHR AG
- FIFTY 50 FOODS
- GENERAL MILLS, INC
- KELLOGG CO.
- KRAFT HEINZ COMPANY
- MEAD JOHNSON NUTRITION COMPANY
- NESTLE S.A.